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I wish banks had never invented the one thing they give us for free

This was a comment I made during a panel at the ACT Conference in Edinburgh, where I joined esteemed
speakers in a BBC Question Time style debate, chaired by Andrew Neil,
the political journalist and writer.

The other speakers on the panel were:

  • Angela Knight CBE, CEO, British Bankers’ Association; 
  • Robert Waugh, Head of UK Equities, Scottish Widows; 
  • Sahar Hashemi, Co-Founder, Coffee Republic; and 
  • Trevor Williams, Chief Economist, Lloyds TSB.

Questions included:

  • “Are
    business ready for stagflation – the nightmare of low growth and high
  • “Should
    the UK take advantage of the weakness of sterling today and join the euro?”
  • “Dubai,
    Mumbai, Shanghai, Goodbye? Will China and other economies offset recession
    in the USA?”
  • “After
    China’s success, which countries would you look to invest in next?”
  • “Will
    the turmoil in the credit markets spread to the equities markets?”
  • “Can
    the panel name any organisation or institution that they think is responsible
    for this crisis?”
  • “Can
    anyone on the panel name one bank product that they wish had never been

Read more …

About Chris M Skinner

Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal’s Financial News. To learn more click here...

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